Sri Lanka well placed with end of war, new infrastructure: IMF’s Kvintradze

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The resident representative of the IMF said that with the end of a war and recently built infrastructure, Sri Lanka businesses are well placed to benefit from new opportunities.

She said that despite external vulnerabilities and concerns about fiscal consolidation, Sri Lanka can be competitive in the South Asia region.

She added that although a slowdown in China, declines in commodity prices and the prospect of tightening monetary policy define the current business climate, India is a bright spot and Asia will see higher growth than other regions in the world.